tech
December 18, 2025
Fusion deal: Why Trump Media is merging with TAE Technologies
TAE Technologies says the strong balance sheet of TMTG will provide the capital needed to bring its first fusion power plant online in the U.S. by 2031.
TL;DR
- TAE Technologies and Trump Media and Technology Group (TMTG) announced plans for an all-stock merger valued at over $6 billion.
- TMTG will invest up to $200 million in TAE, with an additional $100 million after filing with the SEC.
- The capital infusion is intended to help TAE commercialize and scale fusion power, with plans to bring the first fusion power plant online by 2031.
- The merged company plans to site and begin construction on the world's first utility-scale fusion power plant in 2026, generating 50 megawatts.
- TAE's future plants aim to generate between 350 to 500 megawatts.
- Fusion power is described as a potential breakthrough that could lower energy prices and boost supply.
- Michl Binderbauer (TAE CEO) and Devin Nunes (TMTG CEO) plan to serve as co-CEOs of the merged company.
- TAE has raised over $1.3 billion in private capital since its founding in 1998.
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